More than five years since the beginning of the 2008 financial crisis, the securities industry is starting to see some growth in IT salaries and demand for highly skilled workers. No one expects IT hiring to reach pre-crisis staffing levels anytime soon. That's because banks are running more efficient technology organizations than they have in decades.
However, the market for IT talent is strong and growing, according to 1,254 banking and securities IT professionals who participated in the InformationWeek 2014 US IT Salary Survey: Banking and Securities. Most in demand: people with skills and experience in the key areas of data security, data management, and analytics, as well as social media, cloud, and mobile app development.
Finding data scientists and analytics experts is daunting, industry technology leaders have told Wall Street & Technology. Not only do all financial firms want data experts, but companies in all verticals are searching for workers who can crunch data, develop mobile tools, and work on new cloud projects. In other words, competition for these skills is fierce.
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